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Daqo New Energy to Announce Fourth Quarter and Full Year 2010 Financial Results on March 7, 2011

Daqo New Energy Corp. (NYSE: DQ) (Daqo or the Company), a leading polysilicon manufacturer based in China, today announced that it plans to release its unaudited financial results for the fourth quarter and full year ended December 31, 2010 on Monday, March 7, 2011, before the US market opens.

The Company has scheduled a conference call and live webcast to discuss the results at 8:00 am Eastern Standard Time on March 7, 2011, which corresponds to 9:00 PM Beijing/Hong Kong time on the same date.

The dial-in details for the live conference call are as follows:

U.S. Toll Free Number: +1-800-299-9086
International dial-in number: +1-617-786-2903
Passcode: 36286749
A live and archived webcast of the conference call will be available on the Investors section of Company’s website at www.dqsolar.com.

A replay will be available shortly after the call until April 7, 2011 on the Company website or by dialing:

U.S. Toll Free Number: +1-888-286-8010
International dial-in number: +617-801-6888
Passcode: 94423711

ABOUT DAQO NEW ENERGY CORP.

Daqo New Energy Corp. (NYSE: DQ) is a leading polysilicon manufacturer based in China that aims to become a vertically integrated photovoltaic product manufacturer. Daqo primarily manufactures and sells high-quality polysilicon to photovoltaic product manufacturers. It also manufactures and sells photovoltaic wafers and modules. For more information about Daqo, please visit www.dqsolar.com.

Contacts:

Daqo New Energy Corp.
Jimmy Lai, +86-23-6486-6677
Jimmy.Lai@daqo.com

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